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anyexchange.best - electronic and cryptocurrency exchange service AnyExchange
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[QUOTE="AnyExchange, post: 218757, member: 42864"] [img]https://anyexchange.best/wp-content/uploads/bitcoin-trend-price-bear-or-bull-movement-analysis-2021-08-28-11-29-11-utc-1-scaled-1.png[/img] [b]The bear market will last until 2024 - The Huobi Global crypto exchange Director[/b] A significant increase in bitcoin prices will occur only in 2024. This was stated in an interview with CNBC by the Huobi Global crypto exchange co-founder, Du Jun. [b]According to the businessman’s opinion, the BTC price always reacts to halving[/b] — a planned reduction in the reward for one block extracted by half. He noted that the first coin rate usually reached record levels the following year. [b]The last reduction of the award occurred in May 2020.[/b] And in November 2021, the price updated the historical maximum, reaching $ 68 thousand. The situation was repeated after halving in July 2016. The exchange rate rose to a record $20 thousand a year later, in December 2017. [b]It is impossible to accurately predict the state of the market in the long term[/b] because there are uncontrollable factors — war, the impact of the COVID-19 crisis, or a bad political situation. [/QUOTE]
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